Companies Pledge to Boost Newborns’ $1,000 Trump Accounts

Newborn babies could get an extra boost into their Trump Account from private companies. The federally funded pilot program, created by President Donald Trump, will donate $1,000 into savings accounts for eligible American babies born between Jan. 1, 2025, and Dec. 31, 2028.​ A number of private companies have pledged to sweeten the pot for kids across America.​ Here’s a look at how your child might be able to benefit. Contribution Match​ A long list of companies said they will match their employees’ contributions to the accounts. They include Uber, Chipotle, Comcast, Coinbase, Steak ‘n Shake, Charles Schwab, and BlackRock. ​“The President foresees a day where matching contributions to Trump Accounts will be as integral to an employee benefits package as a matching 401(k),” Treasury Secretary Scott Bessent said on Jan. 28....